SNK Corp. produces advertising videos. During the current year ending December 31, SNK received the following notes: Date Face Amount Term Interest Rate 1. Jan. 13 $32,000 30 Days 4.5% 2. Mar. 8...

SNK Corp. produces advertising videos. During the current year ending December 31, SNK received the following notes:

	Date	Face Amount	Term	Interest Rate
1.	Jan. 13	$32,000	30 Days	4.5%
2.	Mar. 8	60,000	45 Days	8
3.	July 12	47,000	90 Days	6
4.	Aug. 22	15,000	75 Days	5
5.	Nov. 14	35,000	30 Days	7
6.	Dec. 9	23,000	60 Days	6

Journalize the entries to record the receipt of the amounts due on Notes (5) and (6) in January and February

Jun 09, 2022

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